Medical device manufacturer Tornier (TRNX-8%) trades down after JP Morgan cuts the stock to Neutral on valuation. The firm says that although it still believes in the company's long-term strategy, it prefers to move to the sidelines to see how the next few quarters "shake out."

fida-advocate blogspotI am a patient advocate. The #1 expenditure of Medicare is joint replacement. The medical device industry provides no warranty on product, enjoys VOTING stakeholder rights at FDA, though patient/consumers are restricted from voting, there is no independent post-market data registry, and when devices fail, patients are placed in medical and legal purgatory. MedWatch #5009052